Dull is the new good

The Russell 2000 was holding on to a gain 90 minutes into the session, but just barely. At 10:58 a.m. ET the index was up 1.60, or 0.38%, at 424.78. The day’s high of 429.32 was posted shortly after the opening, largely in response to bargain hunting after a stronger-than-expected Conference Board report on its January index of leading economic indicators.

Dull is the New Good

They say never sell a dull market. And it’s hard to imagine a duller day than Wednesday. The Dow Industrials added 3 points. The S&P 500 lost 2 points. The loss at the Nasdaq was measured in a fraction.

Of course, after Tuesday’s plunge, I think we can all agree that dull is good, dull is progress...

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